Indonesia's economy grew at a faster annual pace thanexpected in the fourth quarter, as domestic consumption remained strong despite aggressive tightening by the central bank.
"Today's GDP figures suggest that the Indonesian economy has not yet responded to the policy tightening measures put in place over the past year to orchestrate an adjustment of the current account," said Taimur Baig, Asia chief economist at Deutsche Bank.
Ahead of Indonesia's fourth quarter GDP release, Daryl Liew, Head Of Portfolio Management at REYL Asset Management, discusses his outlook for the Southeast Asian economy.
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